MBL RESIDENCE
MatureDeveloperMBL Development DMCC
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
9 years 3 months ago27-09-2016
Handover
4 years 10 months ago22-03-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 4B+G+HC+MECH+40+R MIXED USE BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL THANYAH FIFTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 2,036/sqft
Last 12M:AED 1,936/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 1,936/sqft
Prior Year:AED 1,804/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium+19%
Above AvgProject:AED 2,036/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
44Sold (Last 12M)
Supply & Demand Matrix
MBL RESIDENCE averaged 9% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
311 units
30 sold281 left
10%
Velocity
2 Bedrooms
155 units
13 sold142 left
8%
Velocity
3 Bedrooms
5 units
0 sold5 left
0%
Velocity
Shop
16 units
1 sold15 left
6%
Velocity
Layouts & Units (487)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-41 | Inventory 311units 6 layouts · Typically 1 parking 7-16 sqm balcony | Size Range 550-868sqft | Price Range AED 700K - AED 1.7M | Avg PSF 1,373 | Sales 328 | Trend — | |
Asset Class 2 Bed FlatFloors 2-41 | Inventory 155units 8 layouts · Typically 1 parking ~9 sqm balcony | Size Range 669-1,339sqft | Price Range AED 1.2M - AED 2.6M | Avg PSF 1,295 | Sales 185 | Trend — | |
Asset Class 3 Bed FlatFloors 41-42 | Inventory 5units 5 layouts · Typically 1.8 parking 9-56 sqm balcony | Size Range 1,337-2,934sqft | Price Range AED 1.3M - AED 5.9M | Avg PSF 1,447 | Sales 8 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 28,307-28,307sqft | Price Range — | Avg PSF 1,153 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 752-752sqft | Price Range — | Avg PSF 53,215 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 16units 16 layouts · Typically 1.3 parking | Size Range 735-2,097sqft | Price Range AED 926K - AED 2.7M | Avg PSF 1,196 | Sales 16 | Trend — |
Grouped into 6 asset classes covering 487 units